SPL articles of association.
17. Whenever a requirement to transfer a Share shall arise, if the relevant
Member shall fail to transfer its Share within seven (7) days of notice having
been given of the requirement to transfer, the Board may authorise any
Director of the Company to execute a transfer thereof and a transfer so
executed shall be valid and effective as if the same had been executed by the
Member concerned and the transferee shall on payment of the sum of £1 to
the Secretary to be held in trust for the transferor be entered in the register of
Members as the holder of such Share.
So what's the problem, why are they bartering for the share?